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Post# of 730683
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dannoninvest

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dannoninvest

Re: jhdf51 post# 246490

Sunday, 10/31/2010 6:38:22 PM

Sunday, October 31, 2010 6:38:22 PM

Post# of 730683
this is from a post on y! about proof JPM is in trouble with the theft of wamu.
JPMorgan said first-quarter gains from the WaMu loans resulted in $1.26 billion in interest income and left the bank with an accretable-yield balance that could result in additional income of $29.1 billion.

$1.26 billion in interest income off of Wamu in the first quarter. Now to earn that much interest they would have to have how much of wamu. Last time I checked, I thought interest rates were ridiculously low.
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